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The total population of Sherwood is estimated to be 32,715 with 15,914 males (48.64%) and 16,801 females (51.36%). There are 887 more females than males in Sherwood.
The median household income in Sherwood was $73,463 in 2021, which marked an an increase of 1,081(1.49%) from $72,382 in 2020. This income is 98.47% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Sherwood sees its highest median household income among householders in the age group of 25 to 44 years old, at $82,774. Overall, the median household income for the city of Sherwood stands at $73,463.
In Sherwood, the median income for all workers aged 15 years and older, regardless of work hours, was $47,942 for males and $33,884 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $60,811 for males and $49,834 for females.
In Sherwood, the demographic landscape is diverse, spanning 4 distinct racial categories among households. Among these, White households have the highest median household income at $77,551, while Asian households represent the opposite end with the lowest median household income of $43,803.
In 2022, the population of Sherwood was 33,082, a 0.18% increase year-by-year from 2021. Previously, in 2021, Sherwood's population was 33,022, an increase of 0.68% compared to a population of 32,798 in 2020.
The median age in Sherwood, AR is 39.5, as per 2021 ACS 5-Year Estimates. Of the total population, 17.34% were under the age of 15, 18.01% aged 15 to 29, 48.76% aged 30 to 64, 14.42% aged 65 to 84, and 1.47% were 85 years of age and older.
Racial distribution of Sherwood population: 66.29% are White, 26.60% are Black or African American, 0.10% are American Indian and Alaska Native, 1.54% are Asian, 0.03% are Native Hawaiian and other Pacific Islander, 1.83% are some other race and 3.61% are multiracial.